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Question - Division B had an ROI last year of 15%. The division's minimum required rate of return is 10%. If the division's average operating assets last year were $450,000, then compute the division's residual income for last year?
With the current cost structure, Cassa cannot achieve its profit goals. It will have to reduce either the fixed costs or the variable costs. Assuming that fixed costs cannot be reduced, what are the target variable costs per year? Assume all units pr..
If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year?
Find and how Differentiate among major forms of business organization and describe what you consider to be the top 2 advantages and disadvantages of each form.
Assume a company has two processing departments-Molding and Packaging. Prepare journal entries to record transactions.
List and explain (in detail) what are the perceived advantages of ABC (Activity Based Costing) over the 'traditional' method of cost allocation
Calculate free cash flow. Suppose Canwest Global Communications Corp. reported net cash used by operating activities of $114,992,900.
Write a business report describing budgeting as a non-technical process. Refer to satisficing, budgeting as a political process and budget ploys and calculate the materials price variance (on purchase) and materials usage variance.
How the income statement budget would be created for a year starting with the sales budget through the SG&A budget ? Be specific in describing
Determine which of the following cost separation methods is being used: the high-low method, the scattergraph method, or the method of least squares.
Variable costs per unit are $12, $18, and $24, respectively. Fixed costs are $320,000. What is the break-even point in composite units?
What is taken into consideration to figure out the contribution margin? How is the break-even point determined - What is needed to determine operating income
Compute the production costs for one unit of each product in the first month of the upcoming year using direct labor hours as the allocation base.
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